BTC Update: Chart in Focus – What’s Next?
$BTC is currently sitting at a critical level, and the chart shows two potential scenarios unfolding:
Scenario 1 – Bullish Breakout (Most Anticipated)
If Bitcoin breaks above the trendline resistance at $85,799, we could see a strong upward move toward the following targets:
🎯 $87,600
🎯 $88,400
🎯 $90,000
This would confirm bullish momentum and could lead to further highs.
Scenario 2 – Bearish Rejection (Double Top Formation)
However, there’s also a visible double top pattern forming, which is typically bearish.
If BTC breaks below the neckline at $83,000, we might see a drop toward lower support zones:
🎯 $82,300
🎯 $81,300
🎯 $80,150
Final Thoughts:
BTC is currently at a make-or-break level—right in the middle of both scenarios. But based on recent momentum, bulls seem to have the upper hand this week.
Hope this breakdown helps!
What do you think—will we see green candles or another red wave this week? Share your thoughts below!
